Oracle CEO Safra Catz Just Delivered Incredible News for Nvidia Stock Investors

It's been a wild ride for Nvidia (NASDAQ: NVDA) investors over the past few years. The advent of artificial intelligence (AI) in early 2023 represented an unprecedented opportunity for the chipmaker, and it has clearly delivered. The stock has gained more than 1,100%, as Nvidia's graphics processing units (GPUs) provided the computational horsepower needed for generative AI. In the years since, the company's revenue surged 673% and its net income soared 1,770%, vaulting Nvidia to a $4 trillion market cap, the first company to ever surpass this lofty benchmark.In recent months, however, the popular narrative is that AI adoption has peaked, with innovation being outpaced by hype. As a result, some investors have taken a step back, concerned that the implementation of AI is losing steam.Oracle (NYSE: ORCL) just delivered the surest indication yet that the adoption of AI continues to accelerate.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool